It is my understanding that even if Intel had 100% of the smartphone market in chips it
would only be about 15% of Intel's current revenue. So, even if this is off by a factor of 2, what
is the big deal? It's low margin and will never be a big revenue stream. Intel will make most of it's money in the coming years via diverse form factor "ultrabooks" and the server market. It is the latter where I foresee the greatest growth. Intel is certainly a doubler in revenue, and perhaps a tripler in earnings over the next decade.